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1- In the following modA,..x Ln(zncome) 0.00021 xper2+ 0.095Educ + 0.126Ma1e 0.01 ale.Educ, ( .005)S (0.77) (0. 015 (0.041) (0.033) STE SSR-2.33 R2-0.767 Income
1- In the following modA,..x Ln(zncome) 0.00021 xper2+ 0.095Educ + 0.126Ma1e 0.01 ale.Educ, ( .005)S (0.77) (0. 015 (0.041) (0.033) STE SSR-2.33 R2-0.767 Income is annual income, exper and educ are work experience and education measured in years, and male is a dummy variable that takes value one for male only. a. Interpret parameters of Educ, Male, and Male.Educ.
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